| FINANCIAL PERFORMANCE FOR THE YEAR ENDED 30 JUNE |
2010
S$ '000 |
2009
S$ '000 |
| TURNOVER |
|
|
 |
Steel trading |
96,052 |
190,164 |
|
Property development |
24,365 |
11,727 |
|
Property rental |
5,125 |
5,053 |
|
Investment holding |
160 |
44 |
|
Total |
125,702 |
206,988 |
| NET OPERATING PROFIT |
|
Steel trading |
4,663 |
6,710 |
|
Property development |
6,491 |
(698) |
|
Property rental |
7,282 |
1,199 |
|
Investment holding |
3,502 |
(380) |
|
Eliminations |
(4,650) |
- |
|
Total |
17,288 |
6,831 |
|
| |
Cents |
Cents |
|
Earnings per share |
8.2 |
0.3 |
|
Net tangible assets per ordinary share |
100.7 |
89.6 |
|
| FINANCIAL POSITION AS AT 30 JUNE |
2010
S$ '000 |
2009
S$ '000 |
|
Investment properties |
79,800 |
76,000 |
|
Property, plant & equipment |
16,126 |
12,825 |
|
Properties under development |
52,012 |
57,442 |
|
Completed properties |
30,365 |
32,586 |
|
Stocks |
25,218 |
24,166 |
|
Other assets |
47,056 |
66,789 |
|
Borrowings |
(41,701) |
(58,138) |
|
Other liabilities |
(31,559) |
(53,329) |
|
Net assets |
177,317 |
158,341 |
|
|
Share capital |
150,113 |
150,113 |
|
Reserves |
(11,349) |
(17,051) |
|
Accumulated profit |
18,818 |
7,116 |
|
|
Shareholders' funds |
157,582 |
140,178 |
|
Minority interests |
19,735 |
18,163 |
|
Total equity |
177,317 |
158,341 |
|